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Gasoline prices near $3 a gallon in survey

Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.
/ Source: Reuters

Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.

Self-serve regular averaged $2.91 a gallon, up from $2.67 two weeks ago, said Trilby Lundberg, who publishes the nationwide Lundberg Survey of 7,000 gas stations.

Mid-grade hit $3 a gallon, up from $2.76, while premium climbed to an average of $3.10, from $2.86 two weeks ago.

The survey covered the period from April 7 through April 21.

Among the stations surveyed, the lowest average price in the country for regular unleaded was in Boise, Idaho, at $2.54 a gallon.

Drivers in San Diego were paying the most for gas, at an average of $3.12 a gallon for regular.

Government figures, released April 17, showed gas prices nationwide averaged $2.78 a gallon  and were expected to keep climbing, especiall after the cost of crude oil settled at a new record high of more than $75 a barrel Friday in New York trading. Oil accounts for more than half the cost of making gasoline.

Polls show that Americans are worried about high gasoline prices and the impact they are having on their spending.

The issue could be a major factor in this year’s mid-term U.S. congressional elections as lawmakers have been bombarded with complaints from their constituents about record oil company profits and pricey gasoline.